South Indian Bank back in black on lower provisioning

South Indian Bank back in black on lower provisioning

The asset quality deteriorated, with GNPA ratio seen at 6.97%, compared to 4.90% in the preceding quarter and 4.98% in the year-ago period. Net NPA ratio for Q4 was at 4.71%, against 2.1% in Q3 and 3.34% in Q4 of FY20.
Check the source here –Source, Financial Express.

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